Apple ( AAPL) is trending as the company has announced it will offer deals on Black Friday like many other U.S. retailers. Apple released an email on Tuesday which indicated it will hold a "one-day Apple shopping event" on Friday, Nov. 23. Apple didn't mention what sales and specials it might offer. Apple said deals will be available at Apple retail stores, through its App Store and online. The earliest deals will be available online beginning at 3 a.m. EST. On Black Friday last year, Apple marked down prices of the iPad 2, iPods and Macs. Savings on items ranged from $41 to $101.
The Yankees are another popular search. News Corp ( NWS) is acquiring a 49% stake in the YES Network, which features New York Yankees programming. The deal values the channel at $3 billion. The team will receive $500 million. As part of the deal, Yankee Global Enterprises, Goldman Sachs ( GS) and other investors will reduce their ownership in YES. The team's stake in the network will also be reduced from 34% to 25%. After three years, News Corp will have the option to increase to a majority position of up to 80% of the network at a valuation of $3.8 billion. The deal also extends the Yankees' existing agreement to stay on YES through 2042, from its prior deal to stay on through 2021.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.